💥Block Horizon Bull Market Prospects | Interpretation of Bitcoin ETH Events💥

When discussing ETF issues, I would like to share some personal humble opinions.

Looking back on the last bull market, I once thought about the problem from the perspective of leeks, but the result was not very ideal. This round, I tried to think from the perspective of the main force, and the problem became a little simpler.

If you were a main force, a large institution or a bookmaker, would you let ETFs pass in the early stages of a bull market? The answer is obviously no. The chips at this time are still relatively cheap, and the price of Bitcoin may rise from the current US$40,000 to US$150,000-200,000 in the future.

There are opposing interests between bankers and retail investors. If the cost for retail investors to enter the market is US$40,000, how will they control the market next? Bookmakers will not easily provide retail investors with cheap entry opportunities.

Looking back at the big bull market in 2021, all the good news was released near the market reaching its highest point. For example, Musk’s call for Dogecoin, the explosion of Shib coins, etc. Many friends who have never been involved in cryptocurrency asked me for advice on how to buy Dogecoin. As a result, many people entered the market at the highest point and could never get rid of losses.

Therefore, my view is that ETFs are definitely not going to pass in the near future, and a pullback in the pie is likely to happen within 1-3 weeks.

Looking back at the 2015 mini-bull run, didn’t Bitcoin experience a correction? After the calf market in 2019, didn’t Bitcoin halve? Two months ago, everyone was still looking at Bitcoin reaching US$20,000 or US$12,000, but now it has reached US$60,000 or US$100,000. What can I say to that? It’s not without reason that many people lose money.

Even in a bull market, Bitcoin cannot keep rising. If the increase is too large, even by 2025, the price may only be a few hundred thousand dollars, ending a year early.

If the market rises a little, it must pull back a little to be considered a normal trend. This is the law of advance 2 and retreat 1. Any news will not affect the general trend and trend.